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What's the process followed to open a corporate demat account when the Director is NRI?

To open a corporate demat account when the Director is an NRI, additional documents are required, including a self-attested PAN card, overseas address proof, Indian address proof (if available), passport, visa, and FATCA declaration. If holding a foreign passport, an OCI/PIO or resident card is also needed.

The table below shows all the additional documents required to open a corporate demat account, when the director is NRI:

Document Type	Requirement
PAN	Self-attested copy of the PAN card
Address Proof	Self-attested copy of the overseas address proof: Driving licence Foreign passport Utility bills A bank statement Banker letter attested by the bank (PDF), Mariner’s declaration or certified copy of Continuous Discharge Certificate in case of Merchant Navy NRIs.
Address Proof	Self-attested copy of the Indian address proof if available.
Passport and Visa	In case of an Indian passport, a self-attested copy of a valid passport with the place of birth as India and a valid visa.
Passport and Visa	In case of a foreign passport, a self-attested copy of a valid passport, visa and the PIO, OCI or resident card.
FATCA declaration	Foreign Account Tax Compliance Act (FATCA) declaration PDF.